Auto Warranty Companies Fight For Your Business

extended auto warranty - The industry of auto warranty companies is actually a fiercely competitive one. You can find a limited number of cars on the highway - granted, there are many them, and each one of them, at some point or still, has or enjoyed a warranty - though with the great number of companies fighting for the business of these drivers, it means that each and every car owner is definitely the target of some very hungry sales reps.

This is definitely a daunting position to remain for a car owner. Whether you are investing in a new car from a dealership, or purchasing a used car, you will have people trying to sell you their warranty services.

In the dealership, you could run into a pushy sales person that will try everything they can to help you get to sign on to have an extended warranty once you help make your initial purchase. You can find benefits to buying at that time, including getting the costs in the warranty rolled up in to the financing for your car, and realizing that your dealership will continue being the spot to get any repairs or replacements done. However, these comforts could end up costing you hundreds or 1000s of dollars over time. Sales representatives make huge commissions on warranties, so they're eager to help you get to enroll in one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, rather than adding a small number to your monthly car payment bills. However it would likely help you save money.

But simply as not all car sales person has gone out to rip you off, not all third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to get you being a client, so use that to your benefit. Make a price comparison, take a look at all of the terms of the warranties offered, and tell the firms you consult with “hey, cause me to the best offer.” Someone else will if they can't.